OpenAI CEO Sam Altman has dismissed a $97.4 billion takeover bid led by rival Elon Musk, but the unsolicited offer could complicate Altman’s push to transform the maker of ChatGPT into a for-profit company.
As a nonprofit board, said Taylor, “our job is very simple, which is to basically evaluate every strategic decision of the organization through that one test, which is, ‘Does this actually further the mission of ensuring AGI benefits humanity? ’ And I have a hard time seeing how this would.
And they should consider whether a new board under the control of Musk and other investors would be independent and what guarantees they can give about protecting its public mission.
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Author / Journalist: MATT O'BRIEN, THALIA BEATY and KELVIN CHAN / AP Business Writers
The story "The OpenAI dilemma: Musk’s $97.4B bid, Altman’s rejection & what’s next" has 1243 words across 44 sentences, which will take approximately 6 - 11 minutes for the average person to read.
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